✉news BusinessReal Estate first seen 12 h ago, last 7 h ago, peak #14
New builds and renovation spending surge as knock-down rebuilds decline
KPMG analysis shows spending on new home construction and renovations rising sharply, while knock-down rebuild projects are falling. The shift suggests households are choosing to improve existing properties or buy newly built homes rather than demolish and rebuild, a trend with implications for builders, renovators and housing supply.
Why now: Fresh analysis of changing homebuilding and renovation patterns is drawing attention amid ongoing housing market concerns.
Rank over time, top of the chart is #1. 5 snapshots from 12 h ago to 7 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1014522